Reported financial results for the fourth quarter and full year ended December 31, 2025. Achieved significant progress toward SMR commercialization, including a nonbinding collaborative agreement with exclusive global partner ENTRA1 Energy and Tennessee Valley Authority (TVA) to deploy up to 6 gigawatts of NuScale small modular reactor (SMR) capacity. Completed work on Fluor's Phase 2 Front-End Engineering and Design (FEED) study for the RoPower Doiceti, Romania power plant. Validated a new use case for NuScale Power technology, demonstrating its ability to support profitable, reliable power for commercial chemical plants. Strengthened cash position through capital market activities, ending the year with $1.3 billion in cash, cash equivalents, and shortand long-term investments. Sold 39.3 million shares through an at-the-market (ATM) program during the fourth quarter of 2025, generating $750.0 million in gross proceeds. Reported full-year 2025 revenue of $31.5 million, a decrease from $37.0 million for the year ended December 31, 2024. Cost of sales increased to $20.0 million for the year ended December 31, 2025, compared to $4.9 million for the year ended December 31, 2024. General and administrative (G&A) expenses significantly increased to $609.8 million for the year ended December 31, 2025, from $75.9 million in 2024, primarily due to the recognition of Milestone Contribution 1 of $507.4 million under NuScale's Partnership Milestone Agreement (PMA) with ENTRA1. Net loss attributable to Class A Common Stockholders was $355.8 million ($2.17 per share) for the year ended December 31, 2025, compared to $136.6 million ($1.47 per share) in 2024.